Las Cruces, NM Warehouses for Lease
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Las Cruces, NM Warehouses Lease Rates & Market Statistics
Explore 12 Warehouses for lease in Las Cruces, NM on Realmo, a commercial real estate exchange covering the Las Cruces area. The current inventory totals 365,522 square feet of properties — an average of ~30,450 SF per listing.
Warehouses lease rates in Las Cruces range from $3.38 SF/Yr at the entry level to $9 SF/Yr at the top of the market, averaging $6.79 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $6.79 SF/Yr is 48% below the New Mexico state average of $13.18 SF/Yr.
Las Cruces accounts for 48% of the 25 warehouses currently available across Dona Ana County, where nearby markets include Santa Teresa and Sunland Park.